How Do I Calculate the Kotak E-Term Plan Insurance Premium

Kotak e-Term Plan is a life insurance policy offering coverage for a certain period. The premium for this policy depends on various factors, including the sum assured, the applicant’s age, the term, etc. In this blog post, we will walk you through calculating the premium for this plan. Stay tuned!

An Overview of Kotak Term Insurance Calculator

Kotak e-Term Plan is a pure life insurance plan that offers a high sum assured at an affordable price. The premium is calculated based on various factors like age, gender, health, etc. Kotak Term Insurance premium calculator is an online tool that helps determine the premium amount.

The helpful and easy-to-use tool provides different term plan options offered by the insurance company. Moreover, the premium calculator also estimates the maturity benefit you will receive on surviving the policy term.

Steps to Use Kotak Life Term Insurance Premium Calculator

Step 1: Visit the Website

To calculate term insurance premium, visit the

Step 2: Fill up the Details

The next step is to fill up the details like age, gender, and life cover in the premium calculator. All of these details are necessary for the premium calculator to provide you with an accurate insurance premium.

Step 3: After providing the Details, Your Premium will be Calculated

Now that you have provided your personal details and the policy details, the Kotak e-Term Plan insurance premium will be calculated. The premium amount will be displayed on the screen.

Step 4: Add the Riders as required, to check updated premium

Now select the riders you want to add from the available options. Some of the most common ones are:

  • Critical Illness Benefit Rider
  • Permanent and Total Disability Benefit Rider
  • Accidental Death and Dismemberment Benefit Rider

After selecting the rider, click on ‘Update Your Premium’, and your premium will change accordingly. With added riders, you can now see how much your Kotak e-Term Plan insurance policy will cost.

Step 5: Pay the Premium

The last step is to pay the premium. You can do this online or offline. If you are doing it offline, then you must visit a Kotak Life Insurance branch. The payment can be made through cheque, demand draft, or cash. If you want to pay the premium online, then you can do so by using your debit card, credit card, or net banking account.

The Bottom Line

Calculating your Kotak e-Term Plan insurance premium is easy – use the online calculator tool. This will give you an estimate of how much your policy will cost. Keep in mind that your actual premium may be higher or lower, depending on a number of factors such as your age, health, and smoking status.

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